HS Icon Gold for industrial purposes

Classification code 683 for German Classification of Commodities (EGW).

Overview This page contains the latest trade data of Gold for industrial purposes. In 2020, Gold for industrial purposes were the Germany's 41st most traded product, with a total trade of €7.14B. Between 2019 and 2020 the exports of Gold for industrial purposes decreased by -19.7%, from €5.55B to €7.14B. Trade in Gold for industrial purposes represent 0.6% of total Germany trade.

Exports In 2020 the export destinations of Gold for industrial purposes from Germany were Switzerland (€2.93B), United Kingdom (€1.67B), Turkey (€821M), Austria (€725M), and Netherlands (€202M).

Imports In 2020 the import origins of Gold for industrial purposes to Germany were Switzerland (€3.63B), Belgium (€440M), Netherlands (€367M), United Kingdom (€344M), and Hong Kong (€342M).

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The following visualization shows the latest trends on Gold for industrial purposes reported by Germany customs. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Historical Data

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Destinations and Origins

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Trade By Country

Top Destination (2020): Switzerland, €2.93B

Top Origin (2020): Switzerland, €3.63B

Gold for industrial purposes are the Germany's 41st most traded product.

In 2020, the top import origins of Gold for industrial purposes were Switzerland (€2.93B), United Kingdom (€1.67B), Turkey (€821M), Austria (€725M), and Netherlands (€202M).

In 2020, the top export destinations of Gold for industrial purposes were Switzerland (€3.63B), Belgium (€440M), Netherlands (€367M), United Kingdom (€344M), and Hong Kong (€342M).

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Market Dynamics

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Trade by country

Value

Top Destination Growth (2019 -  2020): Switzerland, €1.85B

Top Origin Growth (2019 - 2020): Austria, €539M

Between 2019 and 2020, the fastest growing importers of Gold for industrial purposes were Austria (€539M), United Kingdom (€385M), Switzerland (€376M), Netherlands (€129M), and United States (€111M).

Between 2019 and 2020, the exports of Gold for industrial purposes grew the fastest in Switzerland (€1.85B), Hong Kong (€342M), United Kingdom (€222M), Netherlands (€187M), and Sweden (€122M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Gold for industrial purposes.

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This map shows which countries export or import more of Gold for industrial purposes from Germany. Each country is colored based on the difference in exports and imports of Gold for industrial purposes during 2020.